Ports Ministry notifies guidelines for ₹44,700 crore shipbuilding schemes SBFAS and SbDS
The Ministry of Ports, Shipping and Waterways notified operational guidelines on 27 December 2025 for the Shipbuilding Financial Assistance Scheme and the Shipbuilding Development Scheme, with a combined outlay of about ₹44,700 crore.
Summary
The Ministry of Ports, Shipping and Waterways notified operational guidelines on 27 December 2025 for the Shipbuilding Financial Assistance Scheme (SBFAS, corpus ₹24,736 crore) and the Shipbuilding Development Scheme (SbDS, outlay ₹19,989 crore). SBFAS gives 15% to 25% financial assistance per vessel, sets up a National Shipbuilding Mission and introduces a Shipbreaking Credit Note worth 40% of the scrap value for owners who scrap ships at Indian yards. SbDS provides 100% capital support for greenfield shipbuilding clusters through a 50:50 Centre–State SPV, 25% capital assistance for brownfield yard expansion and an India Ship Technology Centre under the Indian Maritime University; both schemes run until 31 March 2036.
Key facts
- Notified
- 27 December 2025, MoPSW
- Total outlay
- ~₹44,700 crore
- SBFAS
- Corpus ₹24,736 crore; 15–25% assistance per vessel; National Shipbuilding Mission
- Shipbreaking Credit Note
- 40% of scrap value for scrapping at Indian yards
- SbDS
- Outlay ₹19,989 crore; 100% support for greenfield clusters (50:50 Centre–State SPV); 25% for brownfield yards
- R&D
- India Ship Technology Centre under Indian Maritime University
- Validity
- Till 31 March 2036; in-principle extension to 2047
- Capacity goal
- ~4.5 million GT per annum by 2047
Practice MCQs 4 questions
What is the total corpus of the Shipbuilding Financial Assistance Scheme (SBFAS), whose guidelines were notified on 27 December 2025?
Show answer
Correct answer: B — ₹24,736 crore
PIB (MoPSW): SBFAS has a total corpus of ₹24,736 crore. ₹19,989 crore is the SbDS outlay, ₹44,700 crore the combined outlay, and ₹96,000 crore the projects SBFAS is expected to support.
Under the Shipbreaking Credit Note introduced by SBFAS, ship owners scrapping vessels at Indian yards receive a credit equal to what share of the scrap value?
Show answer
Correct answer: D — 40%
PIB (MoPSW): ship owners scrapping vessels at Indian yards will receive a credit equivalent to 40% of the scrap value.
Under the Shipbuilding Development Scheme (SbDS), the India Ship Technology Centre will be set up under which institution?
Show answer
Correct answer: C — Indian Maritime University
PIB (MoPSW): SbDS provides for an India Ship Technology Centre under the Indian Maritime University to support research, design, innovation and skills.
Consider the following statements about the shipbuilding schemes whose guidelines were notified in December 2025: 1. SBFAS provides financial assistance of 15% to 25% per vessel, depending on the vessel category. 2. Greenfield shipbuilding clusters get 100% capital support through a 50:50 Centre–State special purpose vehicle. 3. Both SBFAS and SbDS are valid only until 31 March 2030. Which of the statements given above is/are correct?
Show answer
Correct answer: A — 1 and 2 only
PIB (MoPSW): SBFAS gives 15–25% per vessel and greenfield clusters get 100% capital support via a 50:50 Centre–State SPV. Both schemes are valid until 31 March 2036, with an in-principle extension to 2047, so statement 3 is wrong.